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Launch of Bharat Trade Net as unified trade platform will streamline international trade

Reaction to Union Budget for FY 2025-26 by Vineet Agarwal, Managing Director of Transport Corporation of India Ltd. (TCI).
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The Union Budget for FY26 maintains a healthy Rs 10.18 lakh crore capital expenditure outlay while ensuring fiscal prudence, which is a commendable approach to balance growth and economic stability. The Finance Minister’s focus on multimodal connectivity and digital infrastructure will strengthen logistics efficiency and reduce costs. The revamped Shipbuilding Financial Assistance Policy, inclusion of large ships in the infrastructure master list, and the Rs 25,000 crore Maritime Development Fund will enhance India’s coastal and inland logistics capabilities.

Additionally, the modified UDAN scheme and air cargo warehousing upgrades will improve regional connectivity, benefiting time-sensitive industries. The launch of Bharat Trade Net as a unified trade platform will streamline international trade, complementing ULIP and PM Gati Shakti.

 With continued policy support, green logistics, private sector participation, and PPP-driven infrastructure pipelines will drive the next phase of India’s logistics transformation, making supply chains more resilient, efficient, and globally competitive.

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